Inferra AI / Company / VSNT
Versant Media Group, Inc.
VSNT · Communication Services
Last earnings Aug 6, 2026
Key results
Revenuequarter
$1.69 Billion
Revenue of $1.69 Billion Net Income Attributable to Versant of $286 Million Adjusted EBITDA of $704 Million 1 Repurchased $100 Million Class A Shares Under $1
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Total revenuequarter
$1,687 million
Total Revenue of $1,687 million representing a decline of 1.1% compared to the same period in 2025.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Linear Distribution revenuequarter
7.3%
Linear Distribution revenue declined 7.3% in the first quarter, primarily due to subscriber declines, partially offset by contractual rate increases.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Advertising revenuequarter
5.2%
Advertising revenue declined 5.2% in the first quarter, driven primarily by decreases at the Company's networks due to ratings declines.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Platforms revenuequarter
9.5%
Platforms revenue increased 9.5% primarily due to higher revenue at Fandango from movie ticketing purchases, video-on-demand transactions and Fandango1, as well as higher bookings, payments and subscription revenue at GolfNow.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Net incomequarter
$286 million
Net Income of $286 million decreased $81 million, compared to the prior year quarter, primarily due to lower revenue, higher public company costs, and interest expense following the separation from Comcast, partially offset by lower taxes due to the decrease in pre-tax income.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Free cash flowquarter
$558 million
Net cash provided by operating activities was $585 million and Free Cash Flow 2 was $558 million in the first quarter of 2026.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
AI analysis
Q1 2026 · reported May 14, 2026
Based on: Earnings release + Q1 2026 deck + parent 8-K — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $1.69 Billion | — | — |
| Total revenue | $1,687 million | — | — |
| Linear Distribution revenue | 7.3% | — | — |
| Advertising revenue | 5.2% | — | — |
| Platforms revenue | 9.5% | — | — |
| Net income | $286 million | — | — |
| Free cash flow | $558 million | — | — |
Guidance · company-stated
Direction: raised
No guidance located in the held release
“2026 Financial Outlook The Company raised its full-year 2026 outlook for Total Revenue and Adjusted EBITDA and maintained its Free Cash Flow outlook Total Revenue of $6.”
Cash flow & capex
Capital allocation
htm EX-99.1 Document Versant Media Reports First Quarter 2026 Operating and Financial Results Revenue of $1.69 Billion Net Income Attributable to Versant of $286 Million Adjusted EBITDA of $704 Million 1 Repurchased $100 Million Class A Shares Under $1 Billion Repurchase Authorization Declared Second Quarterly Cash Dividend of $0.375 Per Share Announced Planned $100 Million Accelerated Share Repurchase Transaction NEW YORK, NY May 14, 2026.
Event summary
The Company delivered strong results in the first quarter of 2026, driven by continued growth in its Platforms business and disciplined execution across its portfolio
Based on: Earnings release + Q1 2026 deck + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
htm EX-99.1 Document Versant Media Reports First Quarter 2026 Operating and Financial Results Revenue of $1.69 Billion Net Income Attributable to Versant of $286 Million Adjusted EBITDA of $704 Million 1 Repurchased $100 Million Class A Shares Under $1 Billion Repurchase Authorization Declared Second Quarterly Cash Dividend of $0.375 Per Share Announced Planned $100 Million Accelerated Share Repurchase Transaction NEW YORK, NY May 14, 2026.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Consistent with our disciplined capital allocation framework, we returned $100 million to shareholders during the quarter through share repurchases under our existing authorization and today declared our second quarterly cash dividend of $0.375 per share.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
This morning we also announced a planned $100 million accelerated share repurchase transaction, further underscoring our focus on returning capital to shareholders, while maintaining a strong balance sheet and investing to evolve our business.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Dividends and Share Repurchase Program The Board of Directors declared the Company s first quarterly cash dividend of $0.375 per share, which was paid on April 22, 2026, to shareholders of record as of the close of business on April 1, 2026.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
On May 14, 2026, the Board of Directors declared the second quarterly cash dividend of $0.375 per share, payable on July 22, 2026, to shareholders of record as of the close of business on July 1, 2026.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
During the first quarter of 2026, the Company repurchased 2,694,125 shares of Class A common stock, with a remaining authorization of approximately $900 million as of March 31, 2026.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Strategy & priorities
We are executing our strategy by extending the reach of our brands, deepening our connection with audiences, and scaling our digital platforms.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
We are driving growth in our Platforms while maintaining a sharp focus on efficiency.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
This morning we also announced a planned $100 million accelerated share repurchase transaction, further underscoring our focus on returning capital to shareholders, while maintaining a strong balance sheet and investing to evolve our business.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Business Highlights In the first quarter of 2026, Versant executed against its strategic priorities winning with premium content, extending the reach of its brands, and accelerating the growth of its digital platforms, driving continued progress across the business.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
The network also optimized its Business Day programming lineup, including the launch of Morning Call, and enhanced its digital capabilities with the acquisition of StockStory, an AI-driven financial insights platform supporting the next phase of its direct-to-consumer strategy.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Risks & headwinds
In evaluating these statements, readers should consider various factors, including the risks and uncertainties we describe in the Risk Factors sections of our most recent Annual Report on Form 10-K, and other reports filed with the Securities and Exchange Commission (SEC).
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made, and involve risks and uncertainties that could cause actual events or our actual results to differ materially from those expressed in any such forward-looking statements.
SEC original ↗Versant Media Group, Inc. — Earnings release (8-K exhibit)EX-99May 14, 2026
Earnings deck slides
0 decks with slide viewVersant Media Group, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
11 documentsEarnings releases
8 documentsPresentations
1 document- Q2 2026
- VSNTDeck
Transcripts
0 documentsNo transcripts for Versant Media Group, Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.